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Home » Rule Change Might Boost College Aid Amount for Some Families
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Rule Change Might Boost College Aid Amount for Some Families

News RoomBy News RoomNovember 6, 20230 Views0
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Good news for families with college-aged kids: Pretax contributions to 401(k) plans and other similar accounts no longer count as income for families filling out the Free Application for Federal Student Aid, or FAFSA. The U.S. Department of Education rule change should make it easier for families to qualify for federal aid to pay for a college education. In fact, some families could save up to $10…

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